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Draft Budget for 2013 presented to the parliament

|Proposed Changes|Morocco
Morocco

On 20 October 2013, the Minister of Finance and Economy presented the 2013 Budget Bill to the parliament. The key tax proposals in the draft Budget are summarized below.

-   the withholding tax rate on dividends distributed to resident and non-resident persons will be increased from 10% to 15%;
-   the following tax incentives available under the Tax Code will be…

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